Post
Topic
Board Altcoin Discussion
Re: Newbies take my advice
by
Chuky92
on 14/06/2020, 14:21:11 UTC
Warning strictly for Newbies!!!

Do not ever try or think about getting loan or borrowing money to trade altcoins or invest, the damage will be so disastrous, many did this mistake in 2017 when all crypto coins are booming but I can tell you that until today they are still in heavy debt, losing your hard-earned money is better than losing loan money, imagine the frustrations Huh

Crypto investment is a high risk investment plan and they only way to get by is investing only what you can afford to lose... take my advise and let it sink in your head.

Sincerely I stand with you, anyone taking such steps to borrow is only killing himself, even those who  are investing more than they have are feeling the heat let alone someone who borrows. The simple way to do things, especially when it comes to investing is to stick to how much your account can bear without it affecting your personal life. The volatility of the crypto space is too much for someone to lack the right approach to investing. Lastly, I also have the mindset that it is not only for newbies but for everyone, because there are people who are still moved by hype.